Maybe that will change going forward.

From MoneyBeat:

by Erik Holm11:54 am

Shares of the massive company are down about 30% since he took the reins from legendary GE Chairman Jack Welch in 2001.

That’s by far the worst performance among the current companies in the Dow Jones Industrial Average. Pfizer,
down 11%, is the only other stock among those 30 companies that’s in
the red in that span, and 21 of the remaining 28 have at least doubled
over those 16 years.

As a whole, the Dow is up 121% from Sept. 7, 2001, Mr. Immelt’s first
day on the job, to Friday’s close. The company announced early Monday
that Mr. Immelt will step aside as chief executive
on Aug. 1, to be succeeded by the head of the company’s health-care
business, John Flannery. Mr. Immelt will relinquish his chairman’s title
at the end of the year.

Longtime GE shareholders have also earned dividends over that span.
The cumulative return including those payouts is about 17%, according to
FactSet.

Mr. Immelt took over just days before the Sept. 11, 2001, terror
attacks, and GE shares were down more than 20% less than two weeks into
his lengthy tenure. Mr. Immelt has been credited with steering the
company through the difficult months that followed, and for the
transformation of the firm in the years since.

Mr. Immelt also was at the helm through the financial crisis, and at
one point amid the turmoil of that time, GE shares were down more than
80% from when he first stepped into the CEO role...MORE

Compared to Volcker Immelt is a dwarf among pygmies.
[I think he is making a reference to Volcker's 6'7'' height while
expressing disdain for Immelt and the President's other advisers. It can
get confusing -ed]...

... I've commented over the years on the wealth-destruction that has occured on Immelt's watch:

*I loathe Jeff Immelt for what he has done to GE, formerly the crown jewel of American technology.
The S.O.B. was within days of having to bankrupt the company in
September 2008 when no one would touch GE Credit commercial paper. And
the rent-seeking corporatist....
See:

I
haven't owned GE since '99. I was fortunate to not own this stock for
the last decade; as of the open on Friday the stock was down over 50%
during Immelt's nine-year tenure. Friday's 3.22% up-move got the loss
down to 48%.In the late '90's a very wealthy and very smart investor said to me:

"GE's phony-baloney
earnings smoothing is going to have to end, it's approaching the level
of a joke, in addition to violating the '33 act"....